KariSupreme
05.02.2022 •
Mathematics
f On March 1, Terrell & Associates provides legal services to Whole Grain Bakery regarding some recent food poisoning complaints. Legal services total $10,600. In payment for the services, Whole Grain Bakery signs a 10% note requiring the payment of the face amount and interest to Terrell & Associates on September 1. Required: For Terrell & Associates, record the acceptance of the note receivable on March 1 and the cash collection on September 1. (If no ent is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) X Answer is not complete. Debit Credit General Journal No Date 10,600 March 01 Notes Receivable 1 10,600 Service Revenue Cash 10,600 2 September 01 Notes Receivable Interest Revenue 7 of 7 Next < Prev
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